Internet Outage Caused Billions of Tomans in Damage to Tech Businesses

The head of the Technology and Innovation faction in the Islamic Consultative Assembly stated: Although multiple sessions were held in the Economic Commission and the Presiding Board of the Parliament to review insurance and banking challenges facing startup companies, the red button that should never have been pressed was pressed, and one of the important infrastructures of this ecosystem—access to the global internet network—was surprisingly cut off suddenly for an extended period.

He continued: According to reports, direct damages to technology sector businesses alone are estimated at approximately 2,500 billion tomans per day.

Source: Voice of America